Worldcoin

Trillion

Elon Musk

Crypto now has thousands of projects, some great, others less so. How can you assess which ones are the best to get into? One way is to look at the size of potential markets, the project and founder history, and public sentiment. Here we’ll do this for DTX Exchange (DTX), Worldcoin (WLD), and Tron (TRX).
<h2 id="span-style-font-weight-400-dtx-exchange-targets-a-multi-trillion-dollar-industry-with-a-brand-new-concept-span">DTX Exchange targets a multi-trillion dollar industry with a brand new concept</h2>
DTX Exchange (DTX) is a new presale project targeting the global trading market, which <a href="https://www.visualcapitalist.com/the-109-trillion-global-stock-market-in-one-chart/" rel="noopener noreferrer nofollow">according to Visual Capitalist is worth $109 trillion</a>. If DTX can corner just 1% of this market, that’s a $1 trillion dollar opportunity.
What makes <a href="https://dtxexchange.com/?utm_source=thecoinrise&amp;utm_medium=arts&amp;utm_campaign=10" rel="noopener noreferrer nofollow">DTX Exchange</a> unique is it’s a decentralized exchange (DEX) like Uniswap with many of the features of a centralized exchange (CEX) such as Binance, and a brokerage platform such as IG or Charles Schwab.
Currently, if you want to trade stocks, crypto, and forex, with high leverage, you would have to go to two or more places. These places would make you register all your personal details because of KYC (Know Your Customer Requirements).&nbsp;
And if you buy into an ETF through an asset manager like Charles Schwab or Fidelity, you don’t hold the asset in your wallet. Instead, it’s under the custody of someone else. This means that if that platform goes bankrupt or down (such as Silicon Valley Bank or FTX in 2023), you’re out of luck.&nbsp;
According to <a href="https://www.bankrate.com/banking/list-of-failed-banks/#:~:text=Earlier%20in%202023%2C%20Silicon%20Valley,November%202023%2C%20Citizens%20Bank%20failed." rel="noopener noreferrer nofollow">Bankrate</a> “Bank failures aren’t uncommon; a few typically happen each year.”
DTX Exchange then, offers access to these markets and products, but on the blockchain. This ensures greater transparency, no need for intrusive KYC, and greater security, since all assets are stored in the user’s self-custody wallets.
If DTX Exchange can make good on their promises (and so far thousands of holders are backing them to the tune of $1 million in USDT), then DTX coin holders could be on their way to creating generation wealth.
<h2 id="span-style-font-weight-400-can-worldcoin-wld-and-openai-be-trusted-span">Can Worldcoin (WLD) and OpenAI be trusted?</h2>
OpenAI’s CEO Sam Altman introduced Worldcoin (WLD) to combat the potential confusion between AI and real people. Although initially many felt that Altman had the people’s interests in mind, with the once open-source release of their AI, new reports have shown a sea change in the way that OpenAI is putting profit before people’s safety. This recently caused Elon Musk to sue OpenAI for being irresponsible. <a href="https://deepgram.com/learn/how-does-gpt-3-work" rel="noopener noreferrer nofollow">GPT-3 onwards is not open source</a>.
And Worldcoin (WLD) is no different.&nbsp;
Though the project launched with VC backing and a $3 billion dollar valuation, the project has attracted a lot of negative attention.&nbsp;
Firstly through the way that they manipulated people in developing countries to get their irises scanned to boost project numbers.&nbsp;
Secondly, DeFi Squared, a DeFi analytics platform, recently accused Worldcoin (WLD) of price manipulation. DeFiSquared alleged that a team member used insider information to buy WLD, just before an announcement about a delayed token unlock a few days ago.&nbsp;
Since token unlocks cause sell pressure, the potential for financial gain for a Worldcoin (WLD) insider is clear. Worldcoin (WLD) has denied the allegations.
And while the AI global market is valued at $184 billion dollars in 2024 according to <a href="https://www.statista.com/forecasts/1474143/global-ai-market-size#:~:text=AI%20market%20size%20worldwide%20from,2030%20(in%20billion%20U.S.%20dollars)&amp;text=The%20market%20for%20artificial%20intelligence,billion%20U.S.%20dollars%20in%202030." rel="noopener noreferrer nofollow">Statista</a>, what is less clear is how high the demand really is for OpenAI and Worldcoin (WLD) to have access to people’s biometric iris data in the name of ‘privacy’.
<h2 id="span-style-font-weight-400-tron-trx-is-a-thriving-blockchain-but-founder-justin-sun-makes-people-nervous-span">Tron (TRX) is a thriving blockchain, but founder Justin Sun makes people nervous</h2>
Tron (TRX) is one of those projects with things to love and things to be wary of.&nbsp;
The impressive functionality of the Tron (TRX) blockchain can’t be ignored, and its extremely low transaction fees and interoperability mean that many transactions in crypto are done via Tron (TRX). This includes projects like Axie Infinity, before its own blockchain, Ronin, was fully functional.
However, paying attention to the founders is also important. While crypto has a history of attention-grabbing CEOs such as the once beloved ‘CZ’ from Binance, and BitMex’s Arthur Hayes, many in the crypto community feel that Tron’s founder Justin Sun’s actions warrant deeper scrutiny.
<a href="https://thecaspiancey.medium.com/opinion-justin-sun-is-a-bad-actor-60c19b0a6749" rel="noopener noreferrer nofollow">Cas Piancey</a> describes Sun as a bad actor who is “obsessed with his self-image and has gone from a no one in 2016 to a one-man powerhouse today”. Piancey sites his first Chinese business, Peiwo, which ended up being a combination of OnlyFans and a stripper-on-demand service, despite this being highly illegal in China.
Other accusations include the blatant plagiarization of Ethereum’s code and whitepaper to make Tron (TRX). And allegations that Sun mistreats the Tron employees and employs aggressive marketing techniques.&nbsp;
He also makes questionable business and money decisions such as buying the BTT protocol (the BitTorrent token), after the founder of BTT had publicly said it would fail.&nbsp;
<a href="https://www.reddit.com/r/CryptoCurrency/comments/18xyu23/how_justin_sun_used_his_trx_and_btt_coins_to/" rel="noopener noreferrer nofollow">A Reddit user</a> suggested that he did this as part of a way to make money out of the FTX scandal. <a href="https://www.theverge.com/21459906/bittorrent-tron-acquisition-justin-sun-us-china" rel="noopener noreferrer nofollow">The Verge has other theories</a> of how the purchase of BTT benefitted Tron (TRX) in a less-than-ethical way.
Whether you love or hate Justin Sun, what can’t be denied is the size of the Tron (TRX) network. Even if it is a ‘copypasta’ of Ethereum.&nbsp; According to Defilama, Tron (TRX)’s TVL is $8.4 billion, making it the third biggest blockchain for DeFi, after Ethereum and Solana.&nbsp;
The question is will there be some earth-shattering secret behind it? Consider FTX founder Sam Bankman Freid (who was sentenced to 25 years in prison) or Terra Luna’s Do Kwon (who is currently waiting for extradition to either the US or South Korea).&nbsp;
If Justin Sun follows suit, the price of Tron (TRX) could be going to 0.
<a href="https://dtxexchange.com/?utm_source=thecoinrise&amp;utm_medium=arts&amp;utm_campaign=10" rel="noopener noreferrer nofollow">Go to DTX presale</a>
The post <a href="https://thecoinrise.com/dtx-sets-sight-on-1-trillion-trading-ecosystem-dominating-worldcoin-and-tron-price-prediction/" rel="noopener noreferrer nofollow">DTX Sets Sight on $1 Trillion Trading Ecosystem, Dominating Worldcoin and Tron Price Prediction</a> appeared first on <a href="https://thecoinrise.com" rel="noopener noreferrer nofollow">Latest News and Insights on Blockchain, Cryptocurrency, and Investing</a>.

DTX Sets Sight on $1 Trillion Trading Ecosystem, Dominating Worldcoin and Tron Price Prediction

目次

TheCoinrise Media

2024年7月26日公開の他の記事

US Senate Banking Committee Member Senator Talks About Bitcoin

Elon Musk X Platform Removes Bitcoin and Crypto Hashtag

Shiba Inu Burn Surges as DOGE and SHIB Whale Transactions Soar: Report

Former Huobi Employees Implant Trojans in Wallets, Face 3Y Imprisonment

New CeDeFi Platform BitFi Raises $50 Million in Seed Funding Round

MAGA Team Revealed Faces Amidst Nashville Bitcoin Conference -Token Surged 18.31%

ニュースレターを購読して暗号資産の最新情報を毎日入手！